Please use this identifier to cite or link to this item:
|Title:||Maintaining housing values under the condition of universal home ownership|
Universal home ownership
|Citation:||Chua, B.H. (2003-09). Maintaining housing values under the condition of universal home ownership. Housing Studies 18 (5) : 765-780. ScholarBank@NUS Repository. https://doi.org/10.1080/02673030304260|
|Abstract:||Singapore provides analysts with the opportunity to examine possible systemic consequences of universal home ownership, which it has achieved through the sale of public housing. One important systemic problem is the need to preserve and/or enhance prices of older existing flats. This article examines the various strategies used by the Singapore government to solve the problem, especially when resale used flats are more expensive than the new, subsidized flats purchased directly from the state provider. It further examines the limits of each of the strategies in view of changing social and economic circumstances as Singapore enters the state of a mature capitalist economy and society burdened with structural unemployment and declining birth rates. The effectiveness of managing these issues will affect the legitimacy of the ruling government.|
|Source Title:||Housing Studies|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Jul 9, 2018
checked on Jul 5, 2018
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.